Trend Table for IBC - Ironbark Capital Limited

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 27	A	Weak or Absent	Up	Up	Up	-0.45%
Aug 23	A	Weak or Absent	Up	Up	Up	0.61%
Aug 22	A	Weak or Absent	Up	Up	Up	-0.45%
Aug 20	A	Weak or Absent	Up	Up	Up	2.79%
Aug 14	A	Weak or Absent	Up	Up	Up	-1.50%
Aug 13	D	Weak or Absent	Down	Down	Flat	7.48%
Aug 12	D	Weak or Absent	Down	Down	Flat	7.48%
Aug 8	B	Weak or Absent	Flat	Flat	Up	6.26%
Aug 5	C	Weak or Absent	Down	Down	Flat	7.48%
Aug 1	D	Weak or Absent	Down	Down	Flat	7.48%